Taxation: VAT in the Digital Age and Directive on Administrative Cooperation (DAC8)

The European Commission has proposed (i) on December 8, 2022, a series of measures to modernise and make the EU’s Value-Added Tax (VAT) system work better for businesses and more resilient to fraud by embracing and promoting digitalisation; and (ii) new tax transparency rules for all service providers facilitating transactions in crypto-assests for customers resident in the European Union.

Further details are available in the press material online:

  1. A) VAT in the Digital Age
  2. Press release
  3. Q&A – VAT in the Digital Age
  4. Q&A – VAT GAP 2022 report
  5. Factsheet – VAT in the Digital Age
  6. Factsheet – VAT GAP 2022 report
  7. B) Directive on Administrative Cooperation (DAC8)
  8. Press release
  9. Q&A